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Author Topic: [2015-08-20]ATO sets out treatment of Bitcoin  (Read 199 times)
Blawpaw
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January 21, 2016, 12:56:32 AM
 #1

ATO sets out treatment of Bitcoin

Businesses that "supply Bitcoin" must "charge GST when they supply bitcoin and may be subject to GST when receiving bitcoin in return for goods and services" according to guidance on treatment of the crypto-currency issued today by the Australian Taxation Office...

Read the whole article:

http://www.computerworld.com.au/article/552831/ato_sets_treatment_bitcoin/?

   
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